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Crack in the Far Right World

153
Aceofwhat?8/21/2010 7:58:49 pm PDT

re: #141 Obdicut

Actually, it is, Reine. Subsidies can take the form of tax breaks. That’s an indirect subsidy; it’s still a subsidy.

technically, you’re right. however, there is a substantive difference between a partial tax benefit and an outright payment subsidy.

for example, indirect subsidies are granted for all sorts of reasons (e.g. “please put your headquarters in my state, i’ll give you a tax break). however, because we generally dislike the energy industry, we tend to add up all of the subsidies and say “look, we subsidize these creeps”.

with indirect subsidies, it’s never that simple.